I have one question for you guys. You guys question TKG and I see a comparison to EGO.
Yeah I understand the comparison to EGO or other penny dreadfuls with some potential.
But the question is....did any of this EGO style of shares that went up 600% in a week have a JORC compliant resource announcement?
EGO has potential oil and gas with a potential 10% success rate.
EGO has currently found no gas and no oil. Drilling continues.
TKG has found something. They have not just found the goods, they have satisfied the ASX, te mining industry and competitors or potential takeover parties with a JORC compliant resource estimate.
Once a company releases a JORC statement of resources in the ground, it define an in-situ (in ground) value of the good underground. EGO has not got there yet but still went up 600%.
TKG just released one JORC statement, an individual ASX compliant estimate of commercial goods in the ground.
And yes, this is the first of a few to come.
This is the beginning of TKG.
The ASX questioned TKG on the price and volume increase. 99% of the time we see "we don’t know why there is a price and volume spike". TKG came clean and released the first of few announcements pertaining to commercial materials in the ground.
TKG, the new quiet achiever could be quiet no more. The ASX got wind of the price and volume rise and were pushed to question it. One cannot bluff at this stage as people ringing the company were even told they have 2 separate JORC statements ready for release.
they released the first today. The second will be very close imo. Very very close.
The company in this ASX response also alluded to (and a phone cal to the company will confirm) there is a second JORC resource in another tenement about to be released. This second JORC announcement when I rang was almost ready as this one was 3 days ago. Its contents although kept quiet sound very good of which the market will be more then impressed.
I do suggest, we might see it Tuesday or Wednesday.
This may sound like a ramp, but its rare you come across a company that does all the work in terms of finding resources then does an expensive JORC independent analysis on it....then releases it to the ASX. Normally we here "We found heaps of copper"..."rock chip samples show visual yellow uranium chips".
Whatever.....once a JORC statement is done...lock it in Larry. Its commercial. TKG is now on the radar of many.
Be careful you don’t fall for the trading games of the bigger boys trying to get you to release your shares.
You will make you 10-20% percent...but don’t rip yourself off.
These situations come along rarely where you get in early...like 2 cents and you can make around 5 times your money. Its up to you.
Good luck holders and those that got wind of TKG silent achievements today.
TKG is now on many peoples and big buyers radars.
We are on.
TKG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held